Economy & Markets
The important economic and stock market news that advisors need to know.
Trump Pick for SEC Faces Sharp Conflict-of-Interest Scrutiny
By Lydia Beyoud and Nicola M. WhiteHe told lawmakers he'd work on “clear rules of the road” for Wall Street and digital-asset firms.
March 26, 2025
Janet Yellen Joins PIMCO's Advisory BoardThe former Treasury Secretary is added to the group as Ben Bernanke retires from his role as board chair.
March 26, 2025
Merrill Bets Big on on New 'Level Up' Training ProgramWith financial advice "at a premium today," Merrill seeks to double assets in five years, exec Ken Correa says.
March 26, 2025
How the Biggest Names in Finance Make March Madness PicksSometimes, the Wall Street pros ditch quantitative analysis for old fashioned bias.
March 26, 2025
Dynasty Adds Goldman Sachs as CustodianIts independent RIA network also has custodial ties with BNY Pershing, Fidelity and Charles Schwab.
March 26, 2025
LPL Paid Fired CEO $26M in 2024; New CEO Got $4.7MFormer CEO Dan Arnold did lose out on nearly $80 million in outstanding stock options and related assets.
March 26, 2025
Wall Street Bonus Pool Surges to $47.5B for 2024The average yearly bonus rose by nearly a third, to $244,700, the first big boost since the Covid-19 pandemic.
March 26, 2025
BlackRock Adds Private Equity, Credit Funds to Model PortfoliosThe managed models will help advisors offer these assets to clients with limited access to private markets.